Sempo

Melbourne, Australia Founded: 2019 • Age: 7 yrs
Provides a wallet solution for secure and convenient payments.
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About Sempo

Sempo is a company based in Melbourne (Australia) founded in 2019. It operates as a B2C. Sempo has raised $1.13 million across 1 funding round from investors including European Union and Oxfam. Sempo operates in a competitive market with competitors including MoneyGram, CarePay, Payonix, NGPay and Beem It, among others.

  • Headquarter Melbourne, Australia
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.13 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.13 M (USD), Seed

    Jul 13, 2020

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Sempo

Sempo has successfully raised a total of $1.13M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.13 million completed in July 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $1.1M
  • First Round

    (13 Jul 2020)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2020 Amount Seed - Sempo Valuation Oxfam , European Union
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sempo

Sempo has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Oxfam. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Global poverty is addressed through aid and advocacy efforts.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sempo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sempo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sempo Comparisons

Employees
+
Add Comparison
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Competitors of Sempo

Sempo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, CarePay, Payonix, NGPay and Beem It, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cross-border payments are enabled via wallet solutions for consumers.
domain founded_year HQ Location
Provider of a health insurance platform for global insurers
domain founded_year HQ Location
Enables QR-code-based online payments for utility bills and money transfers.
domain founded_year HQ Location
Multi-category products are offered through an online marketplace.
domain founded_year HQ Location
Peer-to-peer transactions are enabled through a mobile payment app.
domain founded_year HQ Location
Provides mobile payment and remittance services for unbanked users worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sempo

Frequently Asked Questions about Sempo

When was Sempo founded?

Sempo was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Sempo located?

Sempo is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Is Sempo a funded company?

Sempo is a funded company, having raised a total of $1.13M across 1 funding round to date. The company's 1st funding round was a Seed of $1.13M, raised on Jul 13, 2020.

What does Sempo do?

Sempo operates with a B2C model, focusing on offering financial products and advice, facilitating payment transactions, offering digital wallets, and facilitating mobile payments. Provides a wallet solution for secure and convenient payments. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Who are the top competitors of Sempo?

Sempo's top competitors include MoneyGram, CarePay and Velocity Frequent Flyer.

Who are Sempo's investors?

Sempo has 2 investors. Key investors include European Union, and Oxfam.

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